iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO)

We reiterate XMY, a low-MER (0.45%) ETF that tracks a global basket of holdings of lower volatility global equity thru the ACWI ETF. It acts as a great indicator for the overall market as a whole -- hedged and traded in Canadian dollars.  A weaker US dollar continues to boost foreign equity holdings.  We recommend trailing up the stop (from$27) to $32, looking to achieve $39.50 -- upside potential of 18%.  Yield 1.7% 

XMY is a low MER (0.45%) ETF that tracks a global basket of holdings of lower volatility within the MSCI global equity ACWI ETF. It acts as a great indicator for the overall market as a whole -- hedged and traded in Canadian dollars.  Since inception it has achieved a return of 7.2%, compared to 7.5% for ACWI.  We recommend setting a stop-loss at $27 -- looking to achieve $38 -- upside potential of 18%.  Yield 1.7%